Civic Intelligence

Ltf Ministries Inc

990EZ • Fiscal year 2017 • EIN 26-3482730

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 18, 2018

15651 W Cameron DrSurprise, AZ 85379

(602) 670-2667

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.36x

Higher debt load relative to assets than 87% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

33rd percentile

-3.4%

Higher net margin than 33% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

85th percentile

$27,300

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 37.7% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

67th percentile

14%

Faster revenue growth than 67% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$13,465

Up $2,384 (+22%) from 2016

Net Assets

Down

$8,591

Down $2,490 (-22%) from 2016

Liabilities

$4,874

No earlier filing loaded for comparison.

Revenue

Up

$72,370

Up $8,903 (+14%) from 2016

Expenses

Down

$74,860

Down $12,108 (-14%) from 2016

Net Income

Up

-$2,490

Up $21,011 (+89%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2015: $34,582Net Assets 2015: $34,5822015Assets 2016: $11,081Net Assets 2016: $11,0812016Assets 2017: $13,465Liabilities 2017: $4,874Net Assets 2017: $8,5912017Assets 2018: $44,924Liabilities 2018: $10,081Net Assets 2018: $34,8432018Assets 2019: $32,335Liabilities 2019: $5,498Net Assets 2019: $26,8372019Assets 2020: $54,369Liabilities 2020: $511Net Assets 2020: $53,8582020Assets 2021: $92,915Liabilities 2021: -$778Net Assets 2021: $93,6932021Assets 2022: $87,432Liabilities 2022: $0Net Assets 2022: $87,4322022Assets 2023: $42,224Net Assets 2023: $42,2242023Assets 2024: $23,334Net Assets 2024: $23,3342024

Highlighted filing

2017

Assets$13,465
Liabilities$4,874
Net Assets$8,591

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $93,110Expenses 2015: $78,484Net Income 2015: $14,6262015Revenue 2016: $63,467Expenses 2016: $86,968Net Income 2016: -$23,5012016Revenue 2017: $72,370Expenses 2017: $74,860Net Income 2017: -$2,4902017Revenue 2018: $87,414Expenses 2018: $61,163Net Income 2018: $26,2512018Revenue 2019: $93,444Expenses 2019: $101,450Net Income 2019: -$8,0062019Revenue 2020: $159,360Expenses 2020: $128,160Net Income 2020: $31,2002020Revenue 2021: $243,939Expenses 2021: $204,104Net Income 2021: $39,8352021Revenue 2022: $236,211Expenses 2022: $242,472Net Income 2022: -$6,2612022Revenue 2023: $89,141Expenses 2023: $134,348Net Income 2023: -$45,2072023Revenue 2024: $56,282Expenses 2024: $75,172Net Income 2024: -$18,8902024

Highlighted filing

2017

Revenue$72,370
Expenses$74,860
Net Income-$2,490
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 18, 2018
Return Version
2017v2.3
Gross Receipts
$72,792
Mission and Program Overview

Mission

The purpose of LTF Ministries is to create opportunities for individuals, ministries and churches to grow in their relationships with Jesus Christ - initially through extended seasons of worship and prayer, but gradually including opportunities to bring training and equipping through gatherings that are hosted by LTF or in which LTF has been invited to participate. Ultimately, it is the vision of LTF to help mobilize and launch individuals, ministries and churches in the areas of prayer, discipleship, and outreach to make a difference in the communities in which they live.

The purpose of the ministry is to create opportunities to for individuals, ministries and churches to grow in their relationship with jesus christ- initially through extended seasons of worship and prayer, but gradually including opportunities to bring training and equipping through gatherings that are hosted by ltf or in which ltf has been invited to participate. Ultimately, it is the vision of ltf to help mobilize and launch individuals, ministries, and churches in the areas of prayer, discipleship, and outreach to make a difference in the community in which they live.

Program Services

DescriptionGrantsExpenses
DURING 2017 WE CONTINUED TO OFFER SEVERAL TRAINING SCHOOLS THROUGHOUT ARIZONA, AND OFFERED MULTIPLE SHORT TRAINING SEMINARS AS WELL. WE ARE ESTABLISHING A BASE AND HOLD TRAININGS TWICE A WEEK ON AN ONGOING BASIS. THE MINISTRY TEAM TRAVELED EXTENSIVELY THROUGHOUT THE US AND INTERNATIONALLY, PROVIDING TRAINING AND MOBILIZING BELIEVERS, ESPECIALLY IN THE AREA OF PRAYER. THE NATIONAL AND INTERNATIONAL TRIPS WERE MISSION FOCUSED AND FUNDED THROUGH THE MINISTRY.-$74,860
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEBORAH WELCHPresidentPT$27,300-$27,300
JACK WELCHVice PresidePT$0--
LAURA KAINOSecretaryPT$0--
RANDY HARPERDirector-$0--
TERRI HARPERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Ltf Ministries
EIN
26-3482730
Phone
6026702667
Address
15651 W CAMERON DR, SURPRISE, AZ 85379

Signing Officer

Name
Deborah Welch
Title
President
Phone
6026702667
Signed
2018-10-18
Discuss with paid preparer
Yes

Preparer

Firm
Schneider & Associate Cpas Pc
Address
727 E BETHANY HOME RD STE D122, PHOENIX, AZ 85014
Preparer
Stacy a Schneider
Phone
6022772117
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expense 5,752 internet, phone 1,327 travel 26,891 meetings, conferences 2,292 interest expense 530 charitable contributions 5,868 bank charges 812 meals and entertainment 266 commissions & fees 10 payroll processing 1,133 non-investment depreciation 1,244 total 46,125

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 1,052 51 fixed assets 5,094 5,094 less accumulated depreciation 912 2,155 total 5,234 2,990

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 4,874

Form 990-ez, Part III

The purpose of the ministry is to create opportunities to for individuals, ministries and churches to grow in their relationship with jesus christ- initially through extended seasons of worship and prayer, but gradually including opportunities to bring training and equipping through gatherings that are hosted by ltf or in which ltf has been invited to participate. Ultimately, it is the vision of ltf to help mobilize and launch individuals, ministries, and churches in the areas of prayer, discipleship, and outreach to make a difference in the community in which they live.

Form 990-ez, Part III, Line 28

During 2017 we continued to offer several training schools throughout arizona, and offered multiple short training seminars as well. We are establishing a base and hold trainings twice a week on an ongoing basis. The ministry team traveled extensively throughout the us and internationally, providing training and mobilizing believers, especially in the area of prayer. The national and international trips were mission focused and funded through the ministry.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 5,752 INTERNET, PHONE 1,327 TRAVEL 26,891 MEETINGS, CONFERENCES 2,292 INTEREST EXPENSE 530 CHARITABLE CONTRIBUTIONS 5,868 BANK CHARGES 812 MEALS AND ENTERTAINMENT 266 COMMISSIONS & FEES 10 PAYROLL PROCESSING 1,133 NON-INVESTMENT DEPRECIATION 1,244 TOTAL 46,125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 1,052 51 FIXED ASSETS 5,094 5,094 LESS ACCUMULATED DEPRECIATION 912 2,155 TOTAL 5,234 2,990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 4,874
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE MINISTRY IS TO CREATE OPPORTUNITIES TO FOR INDIVIDUALS, MINISTRIES AND CHURCHES TO GROW IN THEIR RELATIONSHIP WITH JESUS CHRIST- INITIALLY THROUGH EXTENDED SEASONS OF WORSHIP AND PRAYER, BUT GRADUALLY INCLUDING OPPORTUNITIES TO BRING TRAINING AND EQUIPPING THROUGH GATHERINGS THAT ARE HOSTED BY LTF OR IN WHICH LTF HAS BEEN INVITED TO PARTICIPATE. ULTIMATELY, IT IS THE VISION OF LTF TO HELP MOBILIZE AND LAUNCH INDIVIDUALS, MINISTRIES, AND CHURCHES IN THE AREAS OF PRAYER, DISCIPLESHIP, AND OUTREACH TO MAKE A DIFFERENCE IN THE COMMUNITY IN WHICH THEY LIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DURING 2017 WE CONTINUED TO OFFER SEVERAL TRAINING SCHOOLS THROUGHOUT ARIZONA, AND OFFERED MULTIPLE SHORT TRAINING SEMINARS AS WELL. WE ARE ESTABLISHING A BASE AND HOLD TRAININGS TWICE A WEEK ON AN ONGOING BASIS. THE MINISTRY TEAM TRAVELED EXTENSIVELY THROUGHOUT THE US AND INTERNATIONALLY, PROVIDING TRAINING AND MOBILIZING BELIEVERS, ESPECIALLY IN THE AREA OF PRAYER. THE NATIONAL AND INTERNATIONAL TRIPS WERE MISSION FOCUSED AND FUNDED THROUGH THE MINISTRY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/ReturnTs02018-11-05T16:59:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • <$500k nonprofits